Wedge Capital Management L L P NC Has $1.95 Million Position in Heidrick & Struggles International, Inc. (HSII)

Wedge Capital Management L L P NC raised its position in Heidrick & Struggles International, Inc. (NASDAQ:HSII) by 35.8% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 50,803 shares of the business services provider’s stock after purchasing an additional 13,389 shares during the period. Wedge Capital Management L L P NC’s holdings in Heidrick & Struggles International were worth $1,947,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the business. Vanguard Group Inc. lifted its holdings in shares of Heidrick & Struggles International by 1.8% during the 3rd quarter. Vanguard Group Inc. now owns 1,130,445 shares of the business services provider’s stock worth $38,266,000 after acquiring an additional 19,505 shares during the last quarter. MetLife Investment Advisors LLC lifted its holdings in shares of Heidrick & Struggles International by 54.5% during the 3rd quarter. MetLife Investment Advisors LLC now owns 14,882 shares of the business services provider’s stock worth $504,000 after acquiring an additional 5,248 shares during the last quarter. Vanguard Group Inc lifted its holdings in shares of Heidrick & Struggles International by 1.8% during the 3rd quarter. Vanguard Group Inc now owns 1,130,445 shares of the business services provider’s stock worth $38,266,000 after acquiring an additional 19,505 shares during the last quarter. TIAA CREF Investment Management LLC lifted its holdings in shares of Heidrick & Struggles International by 64.4% during the 3rd quarter. TIAA CREF Investment Management LLC now owns 212,243 shares of the business services provider’s stock worth $7,184,000 after acquiring an additional 83,170 shares during the last quarter. Finally, Rhumbline Advisers lifted its holdings in shares of Heidrick & Struggles International by 20.6% during the 4th quarter. Rhumbline Advisers now owns 53,724 shares of the business services provider’s stock worth $1,676,000 after acquiring an additional 9,169 shares during the last quarter. 92.33% of the stock is owned by hedge funds and other institutional investors.

A number of analysts have recently issued reports on HSII shares. ValuEngine downgraded shares of Heidrick & Struggles International from a “hold” rating to a “sell” rating in a report on Tuesday, April 30th. Barrington Research lifted their target price on shares of Heidrick & Struggles International to $51.00 and gave the stock an “outperform” rating in a research report on Wednesday, February 27th. Zacks Investment Research cut shares of Heidrick & Struggles International from a “buy” rating to a “hold” rating in a research report on Friday, January 18th. BidaskClub upgraded shares of Heidrick & Struggles International from a “sell” rating to a “hold” rating in a research report on Tuesday, April 16th. Finally, Credit Suisse Group lifted their target price on shares of Heidrick & Struggles International from $35.00 to $38.00 and gave the stock a “neutral” rating in a research report on Tuesday, February 26th. Two investment analysts have rated the stock with a sell rating, one has assigned a hold rating and two have issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of $42.33.

NASDAQ:HSII traded down $0.70 during trading hours on Monday, reaching $34.25. The company’s stock had a trading volume of 801 shares, compared to its average volume of 158,985. The stock has a market cap of $669.90 million, a PE ratio of 13.87, a PEG ratio of 0.99 and a beta of 1.36. Heidrick & Struggles International, Inc. has a 1 year low of $28.25 and a 1 year high of $45.28.

Heidrick & Struggles International (NASDAQ:HSII) last issued its earnings results on Monday, April 29th. The business services provider reported $0.62 EPS for the quarter, topping analysts’ consensus estimates of $0.54 by $0.08. The company had revenue of $171.59 million for the quarter, compared to analysts’ expectations of $170.58 million. Heidrick & Struggles International had a net margin of 6.85% and a return on equity of 19.84%. On average, equities research analysts predict that Heidrick & Struggles International, Inc. will post 2.62 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 24th. Investors of record on Friday, May 10th will be given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 1.75%. The ex-dividend date of this dividend is Thursday, May 9th. Heidrick & Struggles International’s payout ratio is presently 23.81%.

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Heidrick & Struggles International Profile

Heidrick & Struggles International, Inc, together with its subsidiaries, provides executive search, culture shaping, and leadership consulting services on a retained basis to businesses and business leaders in the Americas, Europe, the Asia Pacific, and internationally. The company enables its clients to build leadership teams by facilitating the recruitment, management, and deployment of senior executives.

Further Reading: Real Estate Investment Trust (REIT) ETF

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Institutional Ownership by Quarter for Heidrick & Struggles International (NASDAQ:HSII)

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